Article 58240 Clashes over Tory plan to seed the UK's next Apple with state aid

Clashes over Tory plan to seed the UK's next Apple with state aid

by
Phillip Inman
from on (#58240)

Post-Brexit bid to boost innovation is troubling Conservatives with its socialist overtones, and exasperating Brussels

Boris Johnson wants the freedom to pump hundreds of millions of pounds into tech startups with a view to promoting businesses that can emulate Apple, Facebook or Alibaba - China's answer to eBay.

Related: Why Boris Johnson's tech vision lacks the support of investors

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